Record Debt Sold
Data from Thomson Reuters shows that investment grade companies sold approximately $48 billion of debt in the first week of March, the second most ever for a single week, according to The Wall Street Journal. Year-to-date through March 7, investment grade companies sold approximately $233 billion, up 9% from the same period a year ago. The $233 billion is the most for any year through March 7 on record. Thomson Reuters has data back to 1984.